Woz confident Apple will launch stuff that will surprise and shock us all

But, before we get all excited and take out those rumour writing pens, it is imperative to specify that Steve Wozniak is seems to be guessing.

By Vishal Mathur | Published 22 Apr 2015 11:03 IST
HIGHLIGHTS
  • But, before we get all excited and take out those rumour writing pens, it is imperative to specify that Steve Wozniak seems to be guessing.

Woz confident Apple will launch stuff that will surprise and shock us all
Woz confident Apple will launch stuff that will surprise and shock us all

Ah, well! He teased them rumour mongers, but drove a dagger deep in their hearts that hoped for some “breaking news”. Apple co-founder, Steve Wozniak is convinced that the Cupertino giant is working on products that will "surprise and shock us all". But, the catch is, he is just guessing. Woz was speaking at the Login technology conference in Vilnius, Lithuania.

Woz touched on the topic of what Apple was up to by first discussing the sliding stock prices. “Stock price is a little low right now. Over time I’ve seen Apple go up or down 2x over a few months. It’s very disappointing because if you look at the amount of cash that Apples holds that cash translates to one to two hundred dollars per share of stock just in cash form. So the expectations are a little lower even than they expect.” Incidentally, Apple’s stock hit a 16 month low just a few days back.

However, unlike his neutral or even critical tone towards Apple, this time around it was a rather positive affair. “But where are the profits of the whole industry though? They are still with Apple and profits are all that really matter in the long run. Apple’s business model tends to be new products, even products that didn’t exist before and doing well out of them and not re-making the same thing, as eventually that just gets a little bit stale. So I would guess that Apple is very well prepared, and working on new things that are going to surprise and shock us all. And I honestly don’t know.”

Taking these comments with a rather generous helping of salt, we would just say that we hope this is true. We hope it is true that Apple is working on rather exciting products. But, maybe Steve Wozniak is confusing the current avatar of the company with the one under Steve Jobs – a more dynamic, aggressive, risk taking and interested in tapping new demographics. Let us wait at least until the next iPhone rumour comes along. And that will not be a long wait, trust us!

Source: TechCrunch
 

Vishal Mathur
Vishal Mathur

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Steve Wozniak Apple Apple Inc Apple Share Prices Login Technology Conference
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